"I know that we can protect this independence and go forward. Independence is not fighting with other people. Independence is to persuade others to our view point. If we know that we are correct we can put forward our argument and get together with them and go forward," he said in Sinhalese.
Though the central bank is charged with maintaining economic and price stability, it is sometimes forced by fiscal dominance of monetary policy to print large quantities of money which push up inflation and cause balance of payments difficulties.
After its latest bout money printing, consumer inflation in Colombo which was around 6.4 in March rocketed to 17.7 percent in June.
At the multi-religious rites conducted when the gove